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20121219
20121219
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
.5 billion in penalties. regulators in the u.s., u.k. and sorts when charged ubs and manipulating a key interest rate known as libor. >> his was person -- pervasive manipulation of global benchmark interest rates by dozens of staff across three continents. and the heavy fine reflects the regulator's concerns. the ubs chief executives said those of all but the extent of the fraud and bribes maybe revealed by further criminal investigations. in just one instance revealed by the u.k. financial services authority, ubs made corrupt payments of around $24,000 a quarter for 18 months to brokers to thank them for helping them manipulate the global industry. libor is used to price more than $350 trillion of contracts around the world. potential losers include pension funds, insurance companies, and individuals. more than a dozen banks have been caught up in an international inquiry and there are more cases to come. >> i would imagine there are probably more skeletons in the covered, and that really think that some point policy makers and regulators need to start focusing on the fact that we will
from the u.k. says this is all perfectly fine. you don't have a problem? >> they are bit like, today, actually, 150 federal agencies already on youtube as part of efficiency and government as it were, part of transparency. fundamentally, as far as government goes, obama cut 600,000 jobs from federal government arriving in 2009. this youtube program i think is one of the reasons for doing that. government all around the world use media in this way. neil: i want the 600,000 jobs back and not worry about the trillions in deficit we incurred as a result, wouldn't you? >> well, yes, there has to be a shift on the view of americans on entitlements. there's fascinating research saying that 53% of voters had used entitlements, and 59% of obama supporters used entitlements. there has to be a shift how americans think about entitlements, but a youtube channel will not change that. the most popular youtube channel? irs. youtube is actually helpful. neil: i worry about anything that makes it easier for you to get benefits from the government. i worry about it because there was a woman on earlier
this promotion drives us towards a fiscal ditchand weber from the u.k. says this is all perfectly fine. you don't have a problem? >> they are bit like, today, actually, 150 federal agencies ready on youtube as part with u. good night from new york. neilwheeling and dealing, and despite the shouting back and forth, that says a fical cliff deal is coming. that's the good news. now, the bad news. it won't remotely tackle spending of the it is not what they are saying. it is what big spenders are promoting in a youtube video that's gone viral. i want you to ignore everything that you've been hearing out of washington today because i think at the end, it means nothing. focus on this video beause i think it's going to tell you everything. take a look. >> to begi the benefit finder, first answer all of the nine simple core questions that are essential to narrowing your relts. you will find a program description, general requirements, and your next steps on how and where you can apply. receiving the latest benefit information has never been easier. we hope this tutorial helped you on your path to gover
benefits. and across the uk, there's over 1000 people who have died only months after being told to find work. this is 2012. we are supposed to be a civilized society. we should be looking after the disabled citizens here in the uk. will the prime minister listen to the 62000 people who signed the petition? and finally, finally, please order an assessment of all changes -- [inaudible] >> i will look very carefully at the very tragic case the honorable gentleman brings to the house, everyone's thoughtful got to that person family and to what has happened to them. what i would say to him is that the actual money we're putting into this disability benefit over the coming years is going up and not down. i think everybody knows that everyone except when it have a review of disability benefits. some people have been stuck on these benefits and not been reviewed for year after year after year. that is the view of the disability charities and that's the view of the government as well. >> harry jaffa baldwin. >> thank you, mr. speaker. as we approach christmas, will the prime minister join me in
in ubs have edged up in early trade after the bank announced a major settlement with u.s., u.k., and swiss regulators over its role in the libor fixing scandal. with more we'll look at the story with carolyn roth with us on set. i guess we're expecting a settlement, expecting something big. what have we learned today? >> well, first of all, i mean, the market reaction -- ubs up by 1%, can you believe that? what barclays was hit with $450 million fine, i mean, we saw a big hit in barclays' share price. this fine is three time the amount that barclays was fined. $1.5 billion or $1.4 billion swiss>>frank: francs. this is on the libor manipulation charges. ubs must pay swiss regulators $59 million in profits because the regulator can't fine ubs. the fine from the fsa is the biggest ever, 160 million pounds, $1.2 billion will go to the u.s. regulators. so the second biggest fine that was ever handed to a financial institution. of course, following that $1.9 billion fine that was given to hsbc. what we do know is that the company is admitting criminal wrongdoing in its japanese arm b
, if you look at uk they have a culture of violent games, the same games and everything around. obviously, they don't have these same shoot problems. if you like at japan, they have the most vicious, violent video games of anybody, and they don't have these issues. they don't have a murder rate. >> guess what? tell your hollywood friends, we got hundreds of millions of guns on the street. we ain't japan, so you fight the war on the battlefield before you and the battlefield before us is there is easy access to guns. there will be easy access to guns regardless of what gun safety legislation. >> to parents while i still have control, because you lose it as they get older, don't let them do it. find something else. it's hard. it's easier said than done because a lot of kids sit there for hours and it's their baby-sitter, but no. >> steve, i understand that's not your position, but i'm hearing this a lot of from people in hollywood. no response. quentin tarantino was unbelievable incense it actisen. what a total jackass. left wingers say i want to -- there's a slippery slope on first amendme
hearing on november uk-1f9 14@xj;g. citizen;q verification form they had, that was0hb( and has been rectified. the truck design in ji brief we said we would be using the truck at the locationáecz4n!auqz0ñ theyd5nv identified. dpw has on its website the guidelines it uses an'v3 about composition of menu. youghad them%( jp%m menus before you and thid opportunity to talk about them. they talk about construction on thet site the construction has been ongoingl.c 14th. they talk about a mobile food facility laws,.ñpnÑÑ measurementj-c inconsistenciesáí9!35 dpw's quawification to÷7::n/ make these determines buti?b!ow we ask6ó consider --:,e/çl111a%w that you allow the the board of superviso+;::w intended, and.t!<ç] to allow my client who hasj great deal of money on]v permit to go forward and try to operate his vehicle. one other request thatú&bçl i might have is that ifej there's public comment appellants, and:pb
in the uk. and then this summer the community turned another corner. andy murray, the tennis champion, who survived the dunblane massacre by hiding under a desk won gold at the london olympics. for dunblane at latest there was a joyful legacy to balance its terrible stigma. but as soon as the news of the sandy hook elementary school shootings broke, old wounds reopened. >> obviously our hearts go out to them. and -- sorry. i'm not really giving them the best for someone who's moved on, but i think out of the most tragic circumstances, some good does appear, and hopefully that will happen for them. >> reporter: at the dunblane community center, they're lighting candles of condolence and sending sympathy from one of the only places on earth that really understands the depth of newtown's grief. elizabeth palmer, cbs news, dunblane. >> coming up after your local news on "cbs this morning," many more on the scathing investigation into the deadly benghazi attack. a live state department report. >>> plus reaction from the national rifle association on calls on gun control following the sandy hook
of handguns in the uk. and then this summer, the community turned another corner. andy murray, tennis champion, who in 1996 survived the dunblane massacre by hiding under a desk, won gold at the london olympics. for dunblane, at last there was a joyful legacy to balance its terrible stigma. but as soon as the news of the sandy hook school shootings broke, old wounds reopened. >> obviously, our hearts go out to them. [ pause ] >> sorry. i'm not really giving them the best advert for someone who's moved on. but i think out of the most tragic circumstances, some good does appear. and hopefully that will happen for them. >> reporter: at the dunblane community center, they're lighting candles of condolence and sending sympathy from one of the only places in the world that really understands the depth of newtown's grief. elizabeth palmer, cbs news, dunblane. >> and that's the "cbs evening news" for tonight. for all of us at cbs news all around the world, good night. breaking news out of san jo. right now the san jose city is on lockdown >>> good evening, i'm elizabeth cook. >> i'm ken bastida. we h
, this is getting coverage in the uk. i have a friend in peru who had seen it on tv in peru, it's all over the world. mexico is on a global stage right now, and they need to do the right thing. martha: this is an ally and a huge trading partner of the united states, and it's apparent to me that all you're asking for is fair treatment for your son, and that he be returned on what you see as a baseless charge. >> precisely. martha: john and olivia we hope your son gets home in time for christmas and he can share that special time with you and your family and get out of there. and we are going to stay on top of this story. we thank you so much for being with us today. thanks to you both. >> thank you. bill: it's a tough, tough time. jon scott is coming up a couple minutes away, hospitals what is going on. jon: a new report from an independent group. it has a lot to say about what went wrong in benghazi. the tere owe attack back on september 11th left four americans dead, and it says the state department messed up big time. we'll go in depth on that. plus the president just about to announce the steps h
are not the principal problem, the grass root advocacy made all handgun use illegal in the u.k. >> most stayed after the killings. in fact, it's grown since then. those there now are writing messages to newtown and book of condolences. cappeddals lit every year on the shooting were lit again. their advice to get through the pain, recommit to family, community and religion. the warning is the loss never really goes away. >> she never leaves. she never leaves my head. >> residents have changes in school security and parental supervision. some things they couldn't change, which may be another tip for newtown. the school's gym where most of the carnage occurred was destroyed and replaced with garden of remembrance. >> bret: thank you. later we'll explain why it's so hard for the federal government here to keep spending under control. the next niece the series "the cost o spending." up next, another winkle in the fast and furious case. allegations the atf did more than just let guns walk. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's
in australia and france and the uk and happens in japan, but for some reason i don't see them grieving over 20 children that have been slain in their schools. that does come down to a question of our gun problem and gun culture and the way we cope with it. i know the families in this town when they are past their grieving and they never will be, but one of the things people want to do here in newtown united is to give them a platform and a voice and let's hear what they have to say. >> two things you mentioned. newtown united and the goals for the organization. you mentioned having knew or met nancy lanza. can you give impressions of her from meeting her? >> it is a small town and a bunch of us play tuesday night ultimate frisbee in one of the local playing fields. we want to have a beer and we go to this place called my place. you have seen it on the news. nancy was i don't want to say a regular, but she was there and i chatted with her. a seemingly pleasant person and i'm sure she was. that's it. that's how small towns work, right? when i wait and saw i knew a number of people who lost a lov
bankers from japan to the united states to europe to mark carnie pulled out of canada to be uk central banker. that's the big story. >> my people of the year would have been the teachers and students of sandy hook elementary. i think they have changed america forever. sue? >> i second that one, ty. >>> coming up, kayla with a very interesting app from bank of america. >> it is like the ghost of christmas future and we are all ebenezer scrooge. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek
and other traders with other charges but you know what the issue is? how widespread this fraud was and the u.k. financial regulators saying it would be routine manipulation. 45 workers implicated 3 dozen have already left the bank. all of the submissions which were 2,000, risk of having improperly influenced which in 2005-2010, when you dig into the e-mails you can see them, i will tell you something interesting. this is a trader talking to a low as possible, if a man of te my word. we heard about this case that has been downplayed and dismissed, this is just markets color. what we have seen, it has been rated higher to break money not to protect themselves that their borrowing costs. ashley: it was put in actual e-mails. [talking over each other] liz: heads rolled over this. and we will stay on top of this. ashley: let's go to lauren simonetti, night capital getting a boost today. >> the market is pushing lower. shares are up as the company confirms, $1.4 billion deal, buying nice at $3.75 which is a nice premium on the current 353 we are trading at right now with 6% pop and back to you guys.
and because of the u.k. it's up. health net enrollment for health plans in corporations next year, it's down. pfizer cutting 600 jobs and 20% of the sales force that is. sales for lipitor have declined since the exclusive patent expired last year. and no change with the stock virtually, and the dow is up four, dead flat. got to say it again, president obama's put social security cost of living increase on the table, it means less money for senior citizens, less of an increase coming up. that's next. ♪ grandma got run over by a reindeer ♪ >> i'm not sure of the music, but the sentiment warren hardy, we need to have less government in business and more business in government. up the music. ♪ now we're all so proud of grandpa ♪ ♪ he's been taking this so well ♪ ♪ seeing him in there watching football ♪ ♪ drinking beer and playing cards with cousin mel ♪ [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams hel
're covering it in the u.k. and seeing it on tv and probably brings back really bad memories for him, but if i am a parent of one of those kids who witnessed such carnage at newtown and i see andy murray mentally healthy, successful, dealing with it all, you know, seemingly -- >> it is not something brought up either because of the fact, you're right, he is like every other tennis player out there. he has his bad days, his good days. he was one of the most emotional responses ever at wimbledon when he addressed the crowd and thanked him after he was beat this year and he was tearful and then the joy at the olympics, him winning the gold medal at the london games. he has had an up and down year and to end the year like this is truly amazing and i am interested to see what part if any he wants to have in these family's lives. >> i hope some. he is prove you can be okay. >> that's a great point. he is proof that you can go on from something as horrific as this and he wasn't in the other end. he was walking to the gymnasium. 30 seconds later he may have been one of those kids who was tragically ki
to protect pol pots of the world. we'll never accomplish a ban. we'll never have a uk -- >> let's talk about that. people are talking about a sensible conversation. >> can i pause for one moment? >> this is the kind of thing that we're not allowed to chat about and we should. >> you mentioned the second amendment and everybody refers to it. let's read it first. here is the second amendment, literally what it says, a well-regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed. >> it has nothing to do with hunting or personal self-defense. these people had just beaten the british and enshined the ability to ton have civilian protection. that's why we're different. >> but this is -- this is -- this is the fundamental problem i have with that. and i get it, i understand historically how we came to that point. but i'm not trying to fight the federal government. i'm not trying to grab a .9 millimeter and say i don't want a federal trooper coming into my home. we have to reach a point in this country when you have --
. and pervasive, they call it manipulation of libor by dozens of staff. the penalty was agreed to with u.s., u.k., and swiss regulators. it is more than three times the $450 million fine that was levied on barclays in june. the second largest fine ever on a paid -- paid by a bank. it only was topped by the $1.9 billion penalty that hsbc agreed to last week to settle that money laundering probe. >> crazy thing that stock's up. it's leading the exchange there today because people had been expecting maybe a slightly higher fine even than that. three times the amount. it was supposedly taking place for five to seven years, 30 to 40 traders have left. pretty pervasive. >> i wonder how much they -- they make money or lose money after -- >> after all was said and done. $1.5 billion. >> probably lost. they did well. the libor stuff, if you can set rates -- >> well, and the crazy thing, it affects so many different instruments and so many people and so many businesses. >> right. >> i don't know that you could ever actually figure out all the implications from it. >> right. from everyone. and in a related
look particularly appealing here, due in part to signs of resilience in u.k. gdp growth. so we've had the european close. meantime, bob joins me here at post nine with a look at not just europe but what we're doing here state side. >> sort of moving sideways and consolidating. a little news on night capital. just got off the phone with tommy joyce, who is now the executive chairman. take a look at night here. remember the deal. they've sold. they sold to geico here. a rather complicated deal. a two-to-one cash to ratio stock. again, i did talk to tommy. he said he'll be working there on a daily basis. none of these absent chairman things. he's going to be a hands-on guy. certainly a relief to everyone. everyone wants tommy joyce involved in their business. dan coleman will be spending half his time in chicago and half his time in jersey city. very interesting dynamic going on here. sort of a working partnership between the two of them. tommy insisted to me this is a complementary merger. that is true. given it's $720 million or so, how are you going to pay for it? are they going to se
Search Results 0 to 19 of about 20 (some duplicates have been removed)